A loan of $4,650 helped a member to buy jewelry in bulk.


Las Preciosas Group's story

The entrepreneurial bank "Las Preciosas" is made up of 9 members - 7 women and 2 men. The bank's president is Silvia, 36, mother of a 12-year-old son. She sells cosmetics and jewelry from a catalog, going door to door to public and private institutions, different neighborhoods and homes offering her products.

This is her second loan with the institution. Silvia will use it to buy jewelry that is on sale so that she has it in stock for her business. Her reason for requesting a loan is to have a variety of products to satisfy her customers. Silvia's business faces challenges like attending to her customers efficiently. She will use the profits to improve her family's quality of life.

In this group: Arminda, Lili Roxi, Rossy, Ana Placida, Silvia, Ricardo, Silvana, Miguel Angel, Rosario Yohana

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Translated from Spanish by Kiva volunteer Mary Berghaus



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